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SUBICO

Active Risk: not assessed
Limited partnershipfounded 2003active for 23 yearsIeperse Heerweg 53b, 8820 Torhout, BelgiumKBO/BCE: BE 0859.550.256
Summary

SUBICO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2014 annual accounts show equity of €91,780 and a net result of €10,612. Equity is growing by about 21% per year across the filed financial years. The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
2 sites
Size
€240,010total assets 2014
Staff
0.4 FTE
Equity
€91,780
Profit
€10,612
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 3997 days overdue0 of 6 deeds read
SignalsneutralNo filing for yearsLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Two signals.
neutral
neutral · No filing for years
The last filed financial year closed on 31-03-2014. Since then, 11 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-03-2015 year end31-10-2015 deadline10-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2014 was due by 31-10-2014 and was filed on 26-09-2014, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2014 · abbreviated…
  2. Annual accounts filedfinancial year 2013 · abbreviated…
  3. Annual accounts filedfinancial year 2012 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-10-2015 3997 days late View
  • Positive: 5 profitable years in a rowprofit 2014: €10,612 5 years View
  • Active since 2003founded 30-06-2003 23 years View

By topic

Financials

Financial year
2014
Total assets
€240,010
Profit
€10,612
Solvency
38.2%
Total assets▼ 68.7%
Net result
20102014
Go to Financials

Timeline

Events
13
Since
2005
  1. 31-03-2012Highest result from 2010 to 2014
  2. 28-09-2011Annual accounts filed
  3. 31-03-2011Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Limited partnership
Activity
Activities of holding companiesNACE 64210
Founded
30-06-2003
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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